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Updated over 7 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Ryan Jones
  • Houston, TX
1
Votes |
2
Posts

Why do investors buy flooded homes?

Ryan Jones
  • Houston, TX
Posted

I'm curious why investors would want to buy a flooded home? Here in Houston we are seeing a demand (still small, but growing) for flooded homes. I wholesale and rent, but I'm confused why someone would want a home that has flooded. Even more confused why someone would want a home that was flooded more than once.

Most Popular Reply

Account Closed
  • New York City, NY
172
Votes |
420
Posts
Account Closed
  • New York City, NY
Replied

Because they could get them for very cheap.

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